Longboat Energy Plc (GB:SEA) has released an update.
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Seascape Energy Asia has secured a 28% interest in a Production Sharing Contract for the DEWA Complex Cluster off Sarawak, Malaysia, marking a strategic shift towards Southeast Asia. The partnership, which includes EnQuest and Petros, plans to develop the gas-rich fields using a cost-effective approach. This award is seen as a significant opportunity for Seascape to enhance its portfolio and create shareholder value.
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